Groupon: Fourth Quarter Financial Overview

Groupon Announces Fourth-Quarter Financial Results

Groupon Inc., headquartered in Chicago, revealed on Tuesday that it achieved a net profit of $7.3 million during the fourth quarter.

Earnings translated to 17 cents per share, aligning with the predictions made by analysts.

According to Zacks Investment Research, the consensus among three analysts was also for earnings of 17 cents per share, matching the company’s actual performance.

However, Groupon’s quarterly revenue reached $132.7 million, falling short of the $137.2 million anticipated by analysts surveyed by Zacks.

Looking at the full year, the company reported a net loss of $83.5 million, or $2.08 per share, with total revenue amounting to $498.4 million.